Fim X builds a low-cost product. Due to overseas competition, the firm is going to expand its line of products and introduce a new premium line, Below are the details of the investment. Cos of new equipment: 590,000 Intallation cost of equipenent: $40,000 - Life of equipment: 5 years, Straight line depreciation - Expected sales: $170,000 per year - Expected reduction in sales of generic product castomers shift to the new line: $10,000 per year - Raw material cost: $90,000 per year - New worker salary: $20,000 per year - Required Net working capital over the life of tbe project: 520,000 - Fixpected Salvage value of equipment at the end of 5 year: $30,000 - Tax nute: 05%. Aswaming a WACC of 15%, what is this project's NPV? a. 2,091 ta. 3,166 c. 9,08B d. 16,742 e. 21,055